On the rebound in 2016: Mutual life insurers

August 2, 2016 by Lifehealthpro Editors

The mutual insurance sector has undergone a modest recovery in recent years, yielding gains in direct premiums written. So reports Swiss Re in its latest sigma study, “Mutual insurance in the 21st century: back to the future?”

Mutual insurers’ share of the insurance market increased to 26 percent of direct premiums written in 2014 from 24 percent in 2007, reversing declines of previous decades. But Swiss Re warns the segment faces challenges, including adapting to new risk-based capital requirements and more stringent corporate governance arrangements, which could put some mutuals at a competitive disadvantage. Click HERE to read more… Lifehealthpro articles require free registration to view 

Originally Posted at Lifehealthpro on August 2, 2016 by Lifehealthpro Editors.